The company said the offer was made after EC Synergy entered into two share purchase agreements.
PETALING JAYA: Eurospan Holdings Bhd
(EHB) has received a notice of unconditional mandatory takeover offer from AmInvestment Bank Bhd on behalf of EC Synergy (M) Sdn Bhd to acquire all the remaining ordinary shares in the company for a cash consideration of RM2.30 per share.
In a filing with Bursa Malaysia, the company said the offer was made after EC Synergy entered into two share purchase agreements (SPAs) with Datuk Seri Tan Han Chuan and Datin Tan Ching Ching, respectively, to acquire 32.93 million shares in EHB, representing 74.14% equity interest in the company worth RM75.75mil.
